They have a magnificent team. These people are always kind and willing to listen to your concerns or issues. Better yet, your assignment is always ready before the time, they usually send you a draft to double-check before they finalize your paper.
To ensure that as many trial subscriptions as possible are converted to regular subscriptions, the Herald marketing department works closely with the distribution department to accomplish a smooth initial delivery process for the trial subscription customers. To assist in this effort, the marketing department needs to accurately forecast the number of new regular subscriptions for the coming months. A team consisting of managers from the marketing and distribution departments was convened to develop a better method of forecasting new subscriptions. Previously, after examining new subscription data for the prior three months, a group of three managers would develop a subjective forecast of the number of new subscriptions. Lauren Hall, who was recently hired by the company to provide expertise in quantitative forecasting methods, suggested that the department look for factors that might help in predicting new subscriptions. Members of the team found that the forecasts in the past had been particularly inaccurate because in some months, much more time was spent on telemarketing than in other months. In particular, in the past month, only 1,055 hours were completed because callers were busy during the first week of the month attending training sessions on the personal but formal greeting style and a new standard presentation guide. Lauren collected data for the number of new subscriptions and hours spent on telemarketing for each month for the past two years.
SH12.3
a. Analyze the data and develop a regression model to predict the number of new subscriptions for a month, based on the number of hours spent on telemarketing for new subscriptions.
b. If you expect to spend 1,200 hours on telemarketing per month, estimate the mean number of new subscriptions for the month. Indicate the assumptions on which this prediction is based. Do you think these assumptions are valid? Explain.
c. What would be the danger of predicting the number of new subscriptions for a month in which 2,000 hours were spent on telemarketing?
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more